22
Jan
03:38
Shangang projects return to profit in 2017
Shandong Iron & Steel (Shangang) estimates that its net attributable profit could have reached CNY 1.938 billion ($302.66 million) last year, returning to profit after a CNY 600m loss in 2016. This is according to the listed company's announcement on the Shanghai Stock Exchange.
Shangang considers its profit improvement to be the result of effective national supply-side reform policies and a relatively stable domestic macro-economic situation, Kalla…
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Anonymous
Very good overview of the weekly steel market.
Anonymous